Raymond Van Hounten has previously edited Tesseract from 1937 till 1938, stepping in for departing editor C. Hamilton Bloomer.
James Taurasi had previously published Cosmic Tales from 1937 till 1941. During the run of Fantasy-Times, Taurasi and Van Houten, with Frank R. Prieto, Jr., also published The Science Fiction Yearbook 1957. Later, the three editors would go on to publish Science Fiction Times.